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Aluminium Chloride Price Trend and Forecast

Regional Price Overview

Get the latest insights on price movement and trend analysis of Aluminium chloride in different regions across the world (Asia, Europe, North America, Latin America, and the Middle East & Africa).

Aluminium Chloride Price Trend for the year 2023

Aluminium Chloride showcased a mixed price trend during the said time period of the year 2023. In India, the aluminium chloride market started on a very stable note as the prices exhibited very feeble fluctuations initially. The Indian aluminium chloride market was largely plateaued for the majority of the first half of the year. However, in the second half of the year, suppliers struggled to maintain the price trajectory, especially in the fourth quarter, as the prices plunged deep in the last three months of the year.

Aluminium Chloride Price Trends

The prices averaged at around 789 USD/MT (CIF, India) in January’23 in the Indian domestic market which reached around 760 USD/MT by the end of the second quarter. However, by the end of the fourth quarter, the average monthly prices reached around 665 USD/MT in December’23, showcasing an approximate annual depreciation of around 15%, the majority of which came across in the year-ending quarter of 2023.

The dull industrial demands during the long New Year holiday season, coupled with a substantial decline in export orders owing to freight issues of the Red Sea, pushed the market down during this time. Overall, muted market sentiments were witnessed in H2’23.

Analyst Insight

According to Procurement Resource, given the sharp decline in the latter months, the aluminium chloride prices are expected to steadily rebound in the coming months as the trade dynamics improve going forward.

Procurement Resource provides latest prices of Aluminium chloride. Each price database is tied to a user-friendly graphing tool dating back to 2014, which provides a range of functionalities: configuration of price series over user defined time period; comparison of product movements across countries; customisation of price currencies and unit; extraction of price data as excel files to be used offline.

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About

Aluminium chloride is an inorganic compound that is primarily used in the metallurgy industry as a component in the production of aluminum. It is also used in the smelting of aluminum. It is the most commonly used Lewis acid and is used in the chemical industry as a catalyst in the production of a wide range of organic chemicals.

Product Details

Report Features Details
Product Name Aluminium chloride
Industrial Uses Waste-water treatment, Inks, Synthetic rubber, Lubricants, Wood Preservatives
Chemical Formula AlCl3
Synonyms Trichloroaluminum, Aluminum trichloride
Molecular Weight 78 g/mol
Supplier Database GFS Chemicals, Gulbrandsen, Cellmark AB, Skyhawk Chemicals, Southern Ionics, Tokyo Kasei Kogyo Co. Ltd., Kemira kemi AB, GEO Specialty Chemicals, Inc.
Region/Countries Covered Asia Pacific: China, India, Indonesia, Pakistan, Bangladesh, Japan, Philippines, Vietnam, Iran, Thailand, South Korea, Iraq, Saudi Arabia, Malaysia, Nepal, Taiwan, Sri Lanka, UAE, Israel, Hongkong, Singapore, Oman, Kuwait, Qatar, Australia, and New Zealand

Europe: Germany, France, United Kingdom, Italy,  Spain, Russia, Turkey, Netherlands, Poland, Sweden, Belgium, Austria, Ireland Switzerland, Norway, Denmark, Romania, Finland, Czech Republic, Portugal and Greece

North America: United States and Canada

Latin America: Brazil, Mexico, Argentina, Columbia, Chile, Ecuador, and Peru

Africa: South Africa, Nigeria, Egypt, Algeria, Morocco
Currency US$ (Data can also be provided in local currency)
Supplier Database Availability Yes
Customization Scope The report can be customized as per the requirements of  the customer
Post-Sale Analyst Support 360-degree analyst support after report delivery


Note: Our supplier search experts can assist your procurement teams in compiling and validating a list of suppliers indicating they have products, services, and capabilities that meet your company's needs.

Production Processes

  • Production of Aluminum via Exothermic Process; via Single Displacement Reaction

On a large scale, an exothermic reaction between aluminum metal and chlorine or hydrogen chloride produces Aluminium chloride. The temperature is kept between 650 and 750 °C. When hydrogen chloride is used, hydrogen gas is produced as a byproduct.

Methodology

The displayed pricing data is derived through weighted average purchase price, including contract and spot transactions at the specified locations unless otherwise stated. The information provided comes from the compilation and processing of commercial data officially reported for each nation (i.e. government agencies, external trade bodies, and industry publications).

Assistance from Experts

Procurement Resource is a one-stop solution for businesses aiming at the best industry insights and market evaluation in the arena of procurement. Our team of market leaders covers all the facets of procurement strategies with its holistic industry reports, extensive production cost and pre-feasibility insights, and price trends dynamics impacting the cost trajectories of the plethora of products encompassing various industries. With the best analysis of the market trends and comprehensive consulting in light of the best strategic footstep, Procurement Resource got all that it takes.

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Procurement Resource has made a mark for itself in terms of its rigorous assistance to its clientele. Our experienced panel of experts leave no stone unturned in ensuring the expertise at every step of our clients' strategic procurement journey. Our prompt assistance, prudential analysis, and pragmatic tactics considering the best procurement move for industries are all that sets us apart. We at Procurement Resource value our clients, which our clients vouch for.

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Expertise, judiciousness, and expedience are the crucial aspects of our modus operandi at Procurement Resource. Quality is non-negotiable, and we don't compromise on that. Our best-in-class solutions, elaborative consulting substantiated by exhaustive evaluation, and fool-proof reports have led us to come this far, making us the ‘numero uno' in the domain of procurement. Be it exclusive qualitative research or assiduous quantitative research methodologies, our high quality of work is what our clients swear by.

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Subscribe to Unlock Access

  • Price Across Multiple Locations
  • Market Insights
  • Download Data in Excel Format
  • Short Term Price Forecasts
  • Prices of More than 400 Commodities and Utilities

Get in Touch With Us

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UNITED STATES

Phone:+1 307 363 1045

flag
INDIA

Phone: +91 1203185500

flag
UNITED KINGDOM

Phone: +44 7537 132103

Email: sales@procurementresource.com

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